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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Franklin, IN
Real Estate & Demographic Data





Franklin profile


Living in Franklin


Franklin is a medium-sized city located in the state of Indiana. With a population of 26,158 people and six associated neighborhoods, Franklin is the 40th largest community in Indiana. There's nothing like the smell of a brand new house, and in Franklin, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Franklin, and putting down their money on brand new construction. Franklin’s real estate is, on average, some of the newest in the nation. Franklin does seem to be experiencing an influx of affluent people, because the median household income is $82,380.00.

Franklin real estate is some of the most expensive in Indiana, although Franklin house values don't compare to the most expensive real estate in the U.S.

Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.

Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Franklin telecommute to their jobs. Overall, about 11.53% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The percentage of people in Franklin who are college-educated is somewhat higher than the average US community of 21.84%: 27.77% of adults in Franklin have at least a bachelor's degree.

The per capita income in Franklin in 2022 was $37,366, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $149,464 for a family of four. However, Franklin contains both very wealthy and poor people as well.

The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Black or African-American. Important ancestries of people in Franklin include German, English, Irish, Scottish, and Italian.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Thai.